HK remains competitive as global financial hub


HONG KONG: As trading resumed on Hong Kong’s financial markets yesterday after the Chinese Lunar New Year holiday, officials of the global financial centre said Hong Kong has shown resilience and retained competitiveness over the past year despite the Covid-19 fallout.

While the pandemic put international markets to the test, Hong Kong’s status as a financial hub has remained firm, showing strong momentum and making considerable progress, chief executive of the Hong Kong Special Administrative Region (HKSAR) Carrie Lam said in her video speech at the Lunar New Year Open Market Ceremony of Hong Kong’s Chinese Gold & Silver Exchange.

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